Y2011 for Indian IT Industry –
Focused strategy: In the past, IT industry has been large supply-driven. There was a lot of demand and those who were able to keep the delivery engine going were the winners. This system generally emphasized ability to hire and deliver over sales, marketing and company strategy. However, in an industry with increased competition, that is likely to change and winners are those who have a razor-sharp focus rather than pursuing all business.
2011: Watch for more firms to tighten their strategies and get more focused. Bottom-up, consensus-driven business plans will give way to top-down decisive strategies
Consultative Approach: Cognizant entering the top 3 and Patni-iGATE combo providing another $1 billion firm will provide more viable options for clients. This is likely to lead to pricing pressure on the incumbent providers. The only two routes to avoid this are (a) non-linear, more automated delivery and (b) consultative solutions
2011: Watch for investments in non-linear platforms and greater focus on consulting.
Sales & Marketing: As we move from a supply-driven phase to one that is more demand driven in an era of consolidation, brand differentiation and brand premium matter much more. In addition, as the market gets tougher, there will be greater emphasis on managing the offerings portfolio and understanding technology trends - a great opportunity for marketing to play a more strategic role.
2011: Expect the enlightened few to start investing in a strong brand. The front-runners will break away for the tag of “Indian IT” and be seen as global players like IBM and Accenture
-Cheers
Focused strategy: In the past, IT industry has been large supply-driven. There was a lot of demand and those who were able to keep the delivery engine going were the winners. This system generally emphasized ability to hire and deliver over sales, marketing and company strategy. However, in an industry with increased competition, that is likely to change and winners are those who have a razor-sharp focus rather than pursuing all business.
2011: Watch for more firms to tighten their strategies and get more focused. Bottom-up, consensus-driven business plans will give way to top-down decisive strategies
Consultative Approach: Cognizant entering the top 3 and Patni-iGATE combo providing another $1 billion firm will provide more viable options for clients. This is likely to lead to pricing pressure on the incumbent providers. The only two routes to avoid this are (a) non-linear, more automated delivery and (b) consultative solutions
2011: Watch for investments in non-linear platforms and greater focus on consulting.
Sales & Marketing: As we move from a supply-driven phase to one that is more demand driven in an era of consolidation, brand differentiation and brand premium matter much more. In addition, as the market gets tougher, there will be greater emphasis on managing the offerings portfolio and understanding technology trends - a great opportunity for marketing to play a more strategic role.
2011: Expect the enlightened few to start investing in a strong brand. The front-runners will break away for the tag of “Indian IT” and be seen as global players like IBM and Accenture
-Cheers